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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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Satoshi Block Dojo entrepreneurs on plans for their new BSV businesses
08 Dec 2022 15:26 On this episode of CoinGeek Conversations, Charles Miller hears from Michael Olagunju, Annie Siara and Borja Burguillos, three tech entrepreneurs who are completing the Satoshi Block Dojo incubator programme. [...]
Three Arrows liquidators file claim for $30M ‘Much Wow’ super yacht The infamous yacht, whose name was inspired by the meme coin Dogecoin, was purchased by Kyle Davies and Su Zhu last year, but the two never got to use it. [...]
The law is coming for DAOs DAOs are not decentralized as they claimed to be, according to Bitcoin Association’s Marcin Zarakowski, who noted that these entities are connected to those deploying them or benefitting from them. [...]
Malta to remove NFTs from digital asset regulation in anticipation of MiCA Under the current Virtual Financial Asset regime, which was set up in 2018, NFTs are subject to specific requirements upon launching and must also issue a product whitepaper before the issuance. [...]
FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres
Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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